https://www.profitconfidential.com/stock/is-paypal-holdings-inc-nasdaq-pypl-a-75-stock/
Is PayPal Holdings Inc (NASDAQ:PYPL) a $75 Stock?
Profit Confidential Editorial Staff
Profit Confidential
2015-09-18T14:43:50Z
2017-07-21 06:53:07 PayPal Holdings Inc (NASDAQ:PYPL) is re-entering the online gambling world and this could send PayPal stock soaring up to $75 a stock.
Paypal Stock,Stock
https://www.profitconfidential.com/wp-content/uploads/2015/09/Paypal_Holdings.jpg Over the next couple of years, you could make triple-digit gains in one of the most innovative companies in America: PayPal Holdings Inc (NASDAQ:PYPL).
You won’t get rich quick. But as I’m about to show you, a huge run in PYPL stock is almost inevitable. And before the move is over, this catalyst could see PayPal’s stock price double… or more. Let me explain…

Here’s Why I’m Bullish on PYPL Stock

PayPalhas made a series of moves that could revolutionize its business over the past few days, yet few people seem to even know about it.
Earlier this week, several US-based online gambling websites have begun to accept payment through PayPal (Source: Fortune, last accessed September 16, 2015.) Interestingly, the company has done little to highlight this move and has only been releasing basic information about the matter.
PayPal is now an available payment option on WSOP.com and DerbyGames.com, with more sites expected to follow. While the payment platform has been available on non-American gaming websites, PayPal has not been seen on US gambling sites for more than a decade.
Why is that? The reasoning behind PayPal’s withdrawal from online gambling is fairly clear. Heightened regulation after 2003 and a merger with eBay Inc (NASDAQ:EBAY) forced it to abandon the practice due to liability issues, which it avoided as a private company until then (Source: CNBC, last accessed September 16, 2015.) Prior to this, it had been the world’s largest payment platform for online gambling.
The company was beset with fraud issues almost immediately after its inception, almost going out of business in fact.
As a result, significant anti-fraud investments have been made and fraud risk management procedures put into place. These initiatives have clearly been successful, because PayPal is still around, and actually posted a 16.6% increased in revenue, year on year (Source: PayPal, last accessed September 16, 2015.) The company actually holds approximately $4.00 billion in available cash (Source: CNBC, last accessed September 16, 2015.)
The company is now an independent one again, and free to dabble in the online gambling industry. PayPal has in fact been working on this shift for over a year now according to reports from August 2014 (Source: CNBC, last accessed September 16, 2015.) Transactions will become much easier for online gamblers, who will now have instant access to their money rather than waiting days for checks to arrive in the mail.
But if this is a positive development, why has PayPal kept such a low profile regarding the move?
The answer is the public perception of online gambling, which carries certain negative stigmas which causes people to believe it is only semi-legal. Because online gambling is only legal in three US states (Delaware, Nevada, and New Jersey) (Source: Fortune, last accessed September 16, 2015), PayPal may wish to avoid the negative connotations in the rest of the US.
But this latest move may be the first tentative step into a larger arena, and PayPal could soar on the opportunity.
Debates over the legalization of online betting in the US continue to rage. Pennsylvania is considering legalizing online betting (Source: WGAL News, last accessed September 16 2015.) New York state is strongly debating over whether or not to legalize online poker (Source: Washington Times, last accessed September 16, 2015.) California has recently begun looking into legalizing online sports betting again (Source: Covers, last accessed September 16, 2015.)
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There is a massive upside potential to becoming the premier online payment platform for internet betting, and PayPal stands poised to be that platform if legalization continues its course in the US. Larger states such as California and New York could pull in massive revenue, perhaps even equaling that of major revenue-generating sports organizations such as the NFL (Source: ESPN, last accessed September 16 2015.)
Get the picture? Online gambling, whether through games or sports betting, is likely heading towards legalization in the US.

This Could Send PayPal Stock Soaring Higher

If and when that happens, PayPal will be well-positioned to reap the benefits. Establishing a foothold now and slowly preparing for the changes is a solid business strategy. The company has invested heavily in eliminating its exposure to online gambling fraud, and a careful vetoing process is in place so that only legitimate companies will be associated with the payment platform (Source: CNBC, last accessed September 16, 2015.)
Bottom line, PayPal’s huge growth potential is a winning formula. A savvy investor might find it prudent to take a closer look at PayPal stock, because it just might soar.
Read More:

Is PayPal Holdings Inc (NASDAQ:PYPL) a $75 Stock?

Over the next couple of years, you could make triple-digit gains in one of the most innovative companies in America: PayPal Holdings Inc (NASDAQ:PYPL).

You won’t get rich quick. But as I’m about to show you, a huge run in PYPL stock is almost inevitable. And before the move is over, this catalyst could see PayPal’s stock price double… or more. Let me explain…

Here’s Why I’m Bullish on PYPL Stock

PayPalhas made a series of moves that could revolutionize its business over the past few days, yet few people seem to even know about it.

Earlier this week, several US-based online gambling websites have begun to accept payment through PayPal (Source: Fortune, last accessed September 16, 2015.) Interestingly, the company has done little to highlight this move and has only been releasing basic information about the matter.

PayPal is now an available payment option on WSOP.com and DerbyGames.com, with more sites expected to follow. While the payment platform has been available on non-American gaming websites, PayPal has not been seen on US gambling sites for more than a decade.

Why is that? The reasoning behind PayPal’s withdrawal from online gambling is fairly clear. Heightened regulation after 2003 and a merger with eBay Inc (NASDAQ:EBAY) forced it to abandon the practice due to liability issues, which it avoided as a private company until then (Source: CNBC, last accessed September 16, 2015.) Prior to this, it had been the world’s largest payment platform for online gambling.

The company was beset with fraud issues almost immediately after its inception, almost going out of business in fact.

As a result, significant anti-fraud investments have been made and fraud risk management procedures put into place. These initiatives have clearly been successful, because PayPal is still around, and actually posted a 16.6% increased in revenue, year on year (Source: PayPal, last accessed September 16, 2015.) The company actually holds approximately $4.00 billion in available cash (Source: CNBC, last accessed September 16, 2015.)

The company is now an independent one again, and free to dabble in the online gambling industry. PayPal has in fact been working on this shift for over a year now according to reports from August 2014 (Source: CNBC, last accessed September 16, 2015.) Transactions will become much easier for online gamblers, who will now have instant access to their money rather than waiting days for checks to arrive in the mail.

But if this is a positive development, why has PayPal kept such a low profile regarding the move?

The answer is the public perception of online gambling, which carries certain negative stigmas which causes people to believe it is only semi-legal. Because online gambling is only legal in three US states (Delaware, Nevada, and New Jersey) (Source: Fortune, last accessed September 16, 2015), PayPal may wish to avoid the negative connotations in the rest of the US.

But this latest move may be the first tentative step into a larger arena, and PayPal could soar on the opportunity.

Debates over the legalization of online betting in the US continue to rage. Pennsylvania is considering legalizing online betting (Source: WGAL News, last accessed September 16 2015.) New York state is strongly debating over whether or not to legalize online poker (Source: Washington Times, last accessed September 16, 2015.) California has recently begun looking into legalizing online sports betting again (Source: Covers, last accessed September 16, 2015.)

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There is a massive upside potential to becoming the premier online payment platform for internet betting, and PayPal stands poised to be that platform if legalization continues its course in the US. Larger states such as California and New York could pull in massive revenue, perhaps even equaling that of major revenue-generating sports organizations such as the NFL (Source: ESPN, last accessed September 16 2015.)

Get the picture? Online gambling, whether through games or sports betting, is likely heading towards legalization in the US.

This Could Send PayPal Stock Soaring Higher

If and when that happens, PayPal will be well-positioned to reap the benefits. Establishing a foothold now and slowly preparing for the changes is a solid business strategy. The company has invested heavily in eliminating its exposure to online gambling fraud, and a careful vetoing process is in place so that only legitimate companies will be associated with the payment platform (Source: CNBC, last accessed September 16, 2015.)

Bottom line, PayPal’s huge growth potential is a winning formula. A savvy investor might find it prudent to take a closer look at PayPal stock, because it just might soar.

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